Kim Taek-Jin
NCSOFT Corporation
REAL TIME NET WORTH — as of 5/11/17
$1.43 B
Kim Taek-Jin made a fortune creating online video games. While still a student at Seoul National University’s College of Engineering, he developed software that helped users practice typing in Korean. After he received his master’s degree in 1991, he worked for Hyundai Electronics’ R&D Center in Boston and later became head of development for AmiNet, the division of Hyundai Electronics that launched South Korea’s first Internet access service. He founded NCSoft in 1997 and turned it into the world’s top online game company after developing the hit “Lineage,” a MMORPG (Massive Multiplayer Online Role Playing Game). He took the company public in 2003, and still serves as CEO. NCSoft now provides online game services to more than 60 countries. An avid sports fan, Kim founded the Korean professional baseball team NC Dinos in 2011. He sold most of his NCSoft shares in 2012 and now has just under a 12% stake.
Kim Tack-Jin Net Worth: Kim Tack-Jin is a South Korean businessman who has a net worth of $1.1 billion. Kim Tack-Jin made a fortune in the online gaming industry. While still at the Seoul National University, he developed software that let users practice typing in Korean. Shortly upon his graduation, he set up NCSoft, a South Korea-based online video and mobile game developing company. Just one year after its 1997 foundation, the company launched its first game, Lineage, after which it turned into the world’s top online game company. Other popular games produced by the company are Aion, Guild Wars, Wildstar and City of Heroes. Today, NCSoft has expanded beyond the boundaries of South Korea opening subsidiaries in the U.S.A., Thailand, Japan, China and England. With around 3,000 employees, the company has estimated revenues of $686.6 million (2012). Reportedly, Kim Tack-Jin sold 25% of his stake at Nexon in June 2012. That earned him $685 million and left him approximately 10% of the company’s stakes.
Source:
1. forbes